Sep. 9 at 2:05 PM
$BORR .In the current 2025 wave, driven by post-pandemic economic recovery, geopolitical tensions, and energy security concerns, countries like Mexico, Nigeria, and Saudi Arabia are ramping up oil output via NOCs such as Pemex and Aramco. These entities lack in-house rig fleets and rely on contractors for expertise and equipment. BORR, with operations in these regions, has secured recent contracts—e.g., in West Africa and anticipated demand from Saudi Aramco in 2026—boosting rig utilization rates to over 90% and revenues. As IOCs face barriers, NOCs' investments surge, increasing demand for BORR's modern, high-spec rigs. This supports BORR's financial turnaround, with Q2 2025 profits at
$35 million, positioning the stock for growth amid tight global rig supply. Analysts forecast BORR shares rising 50-100% by year-end, fueled by this trend.
